EBA Guidelines on the sound management of third-party risk regarding non-ICT services
How can supervisors ensure sound third-party risk management without placing disproportionate burdens on institutions and supervisors alike? The European Banking Authority (EBA) has published its final Guidelines on the management of third-party risk, part of its ongoing effort to simplify and strengthen the EU regulatory framework. The Guidelines focus on third-party arrangements supporting critical or […]
Revised Guidelines on Common Procedures and Methodologies for the Supervisory Review and Evaluation Process (SREP) and Supervisory Stress Testing
How can supervisory frameworks become more risk-focused, proportionate, and efficient — without losing coherence or effectiveness? The European Banking Authority (EBA) has published its final revised Guidelines on common procedures and methodologies for the Supervisory Review and Evaluation Process (SREP) and supervisory stress testing, a core deliverable of its regulatory simplification and efficiency agenda. The […]